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70\times 5000=x\times 23000
Variable x cannot be equal to 0 since division by zero is not defined. Multiply both sides of the equation by 70x, the least common multiple of x,70.
350000=x\times 23000
Multiply 70 and 5000 to get 350000.
x\times 23000=350000
Swap sides so that all variable terms are on the left hand side.
x=\frac{350000}{23000}
Divide both sides by 23000.
x=\frac{350}{23}
Reduce the fraction \frac{350000}{23000} to lowest terms by extracting and canceling out 1000.